The Manufacturers Life Insurance Company Lowers Holdings in Archer Daniels Midland Company $ADM

The Manufacturers Life Insurance Company trimmed its position in Archer Daniels Midland Company (NYSE:ADM) by 5.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 252,954 shares of the company’s stock after selling 15,370 shares during the period. The Manufacturers Life Insurance Company’s holdings in Archer Daniels Midland were worth $18,387,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ADM. Toth Financial Advisory Corp purchased a new stake in shares of Archer Daniels Midland in the fourth quarter worth $25,000. Motiv8 Investments LLC bought a new position in Archer Daniels Midland in the 4th quarter worth about $26,000. Sankala Group LLC purchased a new stake in shares of Archer Daniels Midland in the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Archer Daniels Midland in the 4th quarter valued at about $29,000. Finally, Global Trust Asset Management LLC bought a new stake in shares of Archer Daniels Midland during the 1st quarter valued at about $29,000. Institutional investors own 78.28% of the company’s stock.

Archer Daniels Midland Stock Performance

NYSE:ADM opened at $79.27 on Friday. The business has a 50 day moving average of $80.14 and a 200 day moving average of $73.89. The company has a market capitalization of $38.20 billion, a price-to-earnings ratio of 35.54 and a beta of 0.62. Archer Daniels Midland Company has a 1-year low of $52.96 and a 1-year high of $88.46. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.31 and a quick ratio of 0.80.

Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the business earned $0.70 earnings per share. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, sell-side analysts predict that Archer Daniels Midland Company will post 4.76 earnings per share for the current fiscal year.

Archer Daniels Midland Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.27%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ADM. Weiss Ratings restated a “hold (c)” rating on shares of Archer Daniels Midland in a research report on Friday, July 17th. Zacks Research cut shares of Archer Daniels Midland from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. UBS Group increased their price target on shares of Archer Daniels Midland from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, June 15th. JPMorgan Chase & Co. raised their price objective on shares of Archer Daniels Midland from $65.00 to $74.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group lifted their price objective on shares of Archer Daniels Midland from $65.00 to $77.00 and gave the stock a “hold” rating in a report on Monday, April 6th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Archer Daniels Midland has an average rating of “Reduce” and a consensus target price of $75.67.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.